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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: m.philli who wrote (3784)	6/24/1999 5:53:00 PM
From: Yorikke	Respond to of 7235

Mike, I've heard there are established local buyers. You are likely to find them associated with the outfitters who serve the local miners. When these guys hit they are gone the next day. You don't walk around in that part of town with cash in your pockets. And if you did there wouldn't be alot to spend it on. So there are few people around to verify what was found and when. You have to keep in mind the diamond business has been a part of the economy for hundreds of years. The channels of movement are likely to be deep, swift, and silent.

To: m.philli who wrote (3784)	6/24/1999 11:19:00 PM
From: russet	Respond to of 7235

Hi Mike, Don't know for sure,...but for some reason, I have a memory that of the two latest fancies, the smaller has already been sold (for $US 5 million), and the bigger one is in the vault of a nearby Brazilian bank , and the miner has put it up for sale at a price of $US 40 million. It has not been sold yet, but it is reasonable to assume this is how some of the fancies are sold. I am headed down to Brazil to start up my new career as diamond garimpeiros. Anyone else notice that the Lee Barker and Kim Freeman Annual General Meeting comments have been deleted from the SUF website. Only Chris Jennings remain. Am I losing it? I'm sure they were there on Tuesday. russett, bewildered